| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 52nd | Best |
| Demographics | 67th | Best |
| Amenities | 34th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4000 S Brahma Blvd, Kingsville, TX, 78363, US |
| Region / Metro | Kingsville |
| Year of Construction | 1972 |
| Units | 53 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4000 S Brahma Blvd Kingsville Multifamily Investment
Stabilized renter demand in an inner-suburban pocket of Kingsville supports consistent leasing, according to WDSuite’s CRE market data. Neighborhood-level occupancy and a majority renter-occupied housing mix point to a durable tenant base.
Kingsville’s inner-suburban location provides everyday convenience rather than lifestyle density. Neighborhood grocery and park access score above many peers in the metro, while cafes and pharmacies are comparatively sparse. For investors, this mix suggests steady necessity-driven traffic with less competition from amenity-rich corridors.
Neighborhood occupancy is around 90%, indicating generally stable leasing conditions at the area level. The share of housing units that are renter-occupied is 52.6%, signaling a deeper tenant pool and supportive demand for multifamily product. Median contract rents in the area sit in the lower half of national comparisons, which can aid lease retention while still allowing selective revenue management.
Within a 3-mile radius, households increased over the last five years even as population contracted modestly, reflecting smaller household sizes and a shifting demographic mix that can expand the renter pool. Forecasts point to continued growth in households through 2028, which supports occupancy stability and future leasing velocity. Median rent-to-income levels in the neighborhood are relatively low, implying manageable affordability pressure and potential room for disciplined rent optimization.
The property’s 1972 construction predates the neighborhood average vintage (early 1980s). That older profile may warrant capital planning for systems and interiors, but it can also offer value-add upside to improve competitive positioning against newer or renovated stock. Home values in the area are moderate relative to many U.S. markets, which can create some competition from ownership but also sustain renter reliance on multifamily housing due to maintenance simplicity and flexibility—important considerations for lease retention and pricing power in commercial real estate analysis.
Safety indicators compare favorably at the national level while looking more mixed within the Kingsville metro. The neighborhood scores in the top decile to top percentile nationally (95th–99th percentiles) on crime safety, indicating comparatively low incident rates versus neighborhoods across the U.S., according to WDSuite’s CRE data. Within the Kingsville metro’s 12 neighborhoods, however, the area’s crime rank indicates higher reported incidents relative to local peers (a lower rank number corresponds to more incidents among the 12), so investors should underwrite with local comps in mind.
Recent trend signals are constructive: both property and violent offense estimates show sharp year-over-year declines at the neighborhood level. While forward performance is not guaranteed, a downward trend can support tenant retention and reduce perception risk over time. As always, align underwriting with on-the-ground management practices and current comparable property performance.
This 53-unit 1972 asset benefits from a renter-leaning neighborhood, necessity retail access, and nationally favorable safety percentiles that support leasing confidence. Based on CRE market data from WDSuite, area occupancy is steady and rent-to-income levels suggest manageable affordability pressure, creating room for disciplined revenue management rather than heavy concessioning.
Older vintage relative to the neighborhood average points to actionable value-add strategies and targeted capital planning. Within a 3-mile radius, household growth and projected increases through 2028 indicate a larger tenant base ahead, which can help sustain occupancy and improve retention as units are repositioned.
- Renter-occupied concentration supports durable multifamily demand and leasing stability.
- Neighborhood occupancy and low rent-to-income levels indicate room for disciplined pricing without overreliance on concessions.
- 1972 vintage offers value-add potential through targeted interior and systems upgrades to improve competitive positioning.
- Risks: older building systems require capex planning; metro-relative crime ranking and limited lifestyle amenities warrant prudent management and underwriting.